Commercial Manager

We harness the power of innovation so that you can change the world and help our customers solve their most complex challenges

Riyadh
R167998
Corporate
Additional posting locations:
Globe with human silhouettes around on blue gradient background

In a world of possibilities, pursue one with endless opportunities. Imagine Next!

When it comes to what you want in your career, if you can imagine it, you can do it at Parsons.  Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.

Job Description:

Parsons Corporation is seeking a highly skilled and experienced Commercial Manager to join our dynamic team. The ideal candidate will have a minimum of 10 years of experience in commercial management and be a qualified Quantity Surveyor (QS). The Commercial Manager will be responsible for overseeing all commercial aspects of our project, ensuring financial and contractual compliance.

Key Responsibilities:

  • Contract Administration and Commercial Management: Oversee contract administration and commercial management of construction contracts until the completion of the Defects Notification Period. Establish commercial management systems compliant with existing plans, processes, and procedures. Ensure timely identification and resolution of contractual issues and breaches.

  • Cost Control: Forecast, manage, and update cost reports and project cash flows on a monthly basis. Track costs continuously, including committed, uncommitted, incurred, actual/paid, accruals, and anticipated final costs. Provide detailed cashflows and commentary on variances and movements.

  • Payment Recommendation: Evaluate, assess, and recommend payment applications in accordance with contract terms. Ensure recommendations reflect actual progress and compliance with contract requirements. Manage the payment process to avoid claims due to failure to follow procedures.

  • Change Management: Follow change management plans and procedures, classify reasons for changes, and inform stakeholders of potential impacts. Implement controls for urgent changes and manage changes to minimize claims.

  • Insurance, Retention, and Bond Management: Manage retention, insurance, and bond programs, ensuring all contracted parties hold correct and current documentation. Maintain an up-to-date register and ensure compliance with insurance and bond requirements.

  • Cost Management: Manage all cost issues arising from contract administration, provide regular cost reports, carry out cost estimates and comparisons, review contract variations, and evaluate claims and submissions.

Requirements:

  • Bachelor's degree in Quantity Surveying, Construction Management, or a related field.

  • Minimum of 10 years of experience in commercial management within the construction or engineering industry.

  • Professional qualification as a Quantity Surveyor (QS).

  • Strong understanding of commercial principles, contract law, and financial management.

  • Excellent negotiation, communication, and interpersonal skills.

  • Proven track record of successfully managing commercial aspects of large-scale projects.

  • Ability to work under pressure and meet tight deadlines.

  • Proficiency in relevant software and tools, such as MS Office, project management software, and financial management systems.

  • Strong analytical and problem-solving skills.

Preferred Qualifications:

  • Degree in a related field.

  • Membership in a professional body such as RICS (Royal Institution of Chartered Surveyors) or similar.

  • Experience working in a multinational corporation or on international projects.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.

COMPETITIVE BENEFIT OFFERINGS

Financial Wellness

We care about your financial wellbeing. Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.

Work Life Harmony

Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you. Parsons supports your time away by providing paid time off and paid flexible holidays.

Career Development

We are committed to fostering the personal and professional growth of our employees. Develop and advance yourself though our comprehensive training, educational and mentorship programs.

Veteran Support

We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.

Mind & Body

At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program. Participate in our weekly Meditation Mondays and Wellness Wednesdays. Wellness, at Parsons, is more than just your annual checkup.

Health

Health is not a one size fits all. At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.

Want to learn more about the benefits eligible for the Parsons’ location you are interested in? Click below to find out more!
group of people sitting in bleachers in a stadium

Talent Community Heading here

Join our Talent Community and imagine next with us!

Favorite Jobs
You've saved some roles!